CreditReports

Can You Have Too Much Credit?

"Too much of a good thing can be wonderful," said film star Mae West. But what about too much credit? Is having a lot of credit a wonderful thing as well?

How Much Will One Late Payment Hurt Your Credit Score?

Oops! You open your credit card statement and discover you forgot to make last month's payment. Or a collections agency calls about a bill you didn't even know you had. How bad is it? How much does a single late payment affect your credit score?

FICO Finds More Consumers Approaching Perfect Scores

The number of consumers in the top credit score range has reached its highest level since fall 2008, a report by FICO Labs shows, which could indicate more Americans are working to better their personal finances.